DDC Enterprise (NYSEAMERICAN:DDC) Announces Quarterly Earnings Results

DDC Enterprise (NYSEAMERICAN:DDC) announced its earnings results on Thursday. The company reported ($0.58) earnings per share for the quarter, FiscalAI reports. The business had revenue of $10.06 million for the quarter.

DDC Enterprise Stock Performance

Shares of DDC stock opened at $0.32 on Friday. The business has a 50 day moving average of $0.58. The company has a current ratio of 1.83, a quick ratio of 0.86 and a debt-to-equity ratio of 0.11. DDC Enterprise has a one year low of $0.29 and a one year high of $12.69.

Institutional Trading of DDC Enterprise

A hedge fund recently bought a new position in DDC Enterprise stock. Anson Funds Management LP purchased a new position in shares of DDC Enterprise Limited (NYSEAMERICAN:DDC) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 956,694 shares of the company’s stock, valued at approximately $1,894,000. Anson Funds Management LP owned approximately 4.11% of DDC Enterprise as of its most recent SEC filing. 0.22% of the stock is owned by hedge funds and other institutional investors.

DDC Enterprise Company Profile

DDC Enterprise Ltd is a content driven consumer brand offering easy, convenient ready-to-heat, ready-to-cook, and plant-based meal products i.e. meal products consisting largely or solely of vegetables, fruits, grains, and other foods derived from plant-based protein, rather than animal protein) while promoting healthier lifestyle choices to the Millennial and Generation Z customer-base. The company’s operates in two operating segments: merchandise sales and fresh agriculture produce. It is also engaged in the provision of advertising services and the operation of experience stores to offer cooking classes.